DLI 0.00% 21.5¢ delta lithium limited

There’s many ways to look at what’s been happening and that’s...

  1. 206 Posts.
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    There’s many ways to look at what’s been happening and that’s not a bad viewpoint. CE & Gina are scooping up stakes all over the place in WA, they clearly believe they are getting value long term with these moves. Minres could own stakes in all these companies and potentially provide mining/trucking services as well as securing ore/spod supply for Minres to process downstream as well as potentially making capital gains if these companies that they have bought stakes in increase in value over the next few years, lithium price improvements would definately help with value increase. This covers many aspects for Minres and opens up opportunity for large growth potential. these big players don’t normally lose, it feels like everything recently has been in Minres best interest and not aligning with shareholders, but long term having Minres support is maybe not a bad thing. If we have a decent size resource after malinda and Jameson’s are drilled out, then we have the rock, if we could sure up a 40mt deposit between mt Ida and yinnitherra, that would be a good start, with continued drilling we would obviously be hoping for an increase in MRE and should see some value increase. Minres released a presentation this morning, it is worth having a brief look at the lithium growth plans, expanding feed potential is currently underway for Minres, with all the acquisitions recently this makes sense. Further downstream processing within australia is in study phase and stated something along the lines of - it would not be worth the investment unless the Australian government assisted, they are also looking at global downstream but have to look at risk factors. At the end of the day, we have some big players invested in DLI, so one would assume there must be some potential value if drilling ends up with some decent results. Unfortunately short term it’s looking a bit rough, we will have to see how it all plays out over time I spose.
 
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21.5¢ 22.5¢ 20.5¢ $188.0K 877.5K

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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
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